Tuesday, September 19, 2006 3:13:09 AM
we all dream great stuff, in pennyland most stocks are worthless and there is no connection between stock price and revenues. The common mistake people do and looks like you are falling into the same trap, most of these stocks are seriosuly shorted by MM bastards and they make money by pump and dump. You got to be on your toes to make money in these markets, they day you thin of investing no matter how good fundamentals are you are official bagholder. Very rarely people ever make money investing ine penny stocks. I made lot of money last year trading this shit in and out. I decided to invest in this DOG at 0.048 this year and since then I am a big loser. I wish I never invested and traded this POS like I do with other penny stocks. Most are pump and dump, never hold them over longer period, most tank to 0.001-0.005 range, with billions of shares and MM in full contol with 30-40% rallies once in every 2-3 months with firm downtrend pattern, they die at 0.001 price range and momo then forget them once and for all. meanwhile ven if company makes great progress or makes 20 million, profitable, no one gives a shit. It's dead
This has nothing to do with Sam or Joe. It's MM and momo decide the fate of these stocks, the day momo decides it's over and the stock is dead, it never comes back, may be once in a whole a pump cycle, however once the stock tanks to sub penny it's dead money and never ever see the light because any bounces get sold hard..
This has nothing to do with Sam or Joe. It's MM and momo decide the fate of these stocks, the day momo decides it's over and the stock is dead, it never comes back, may be once in a whole a pump cycle, however once the stock tanks to sub penny it's dead money and never ever see the light because any bounces get sold hard..
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